WHUT (Howard University Television)
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Nov 3, 2013
11/13
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WHUT
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and obama care stalled at the starting gate. supporters gaped at the wreckage of their best-laid plans, opponents gloated, and republicans, of course, called hearings, which any opposition party would have done. but you must note the irony here. the party that had thrown roadblock after roadblock wherever they could and had just shut the government down to stop health care reform now loudly complained that government wasn't working and people couldn't get, you guessed it, health care reform. >> apologize. apologize. an apology. >> okay, representative mckinley, you got it. but wouldn't a little humility would be in order here? democracy is imperfect, and we need to work with what we've got. and what we've got is the affordable care act. we also need to remember that, at the outset, big ventures often go awry. not just in the public sector. remember when apple introduced the iphone 4 in june of 2010? >> we're having a little problem here. >> steve jobs couldn't get it to connect to the internet. embarrassing, but they worked it o
and obama care stalled at the starting gate. supporters gaped at the wreckage of their best-laid plans, opponents gloated, and republicans, of course, called hearings, which any opposition party would have done. but you must note the irony here. the party that had thrown roadblock after roadblock wherever they could and had just shut the government down to stop health care reform now loudly complained that government wasn't working and people couldn't get, you guessed it, health care reform....
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Oct 28, 2013
10/13
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MSNBCW
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sebelius will testify wednesday and also wednesday, president obama takes obama care on the road to massachusetts, a state that's been running insurance exchanges for half a decade. mass is sets the precedent that many in healthcare.gov enrollment will spike the closer we get to the deadline. the irs says 330,000 americans are far enough into the process to find out how big of a subsidy they'll receive. a good indicator of how many people are signing up. but the site faced another glitch. data system that verifies applicant information crashed. 36 states using federal exchanges and the 14 states that run their own. >> friend of the show josh barrow is back, editor of business insider, he is a boston guy. perhaps the answer came from what the healthcare.gov website needs is a pep talk from david ortiz, referring to nice pep talk that big papi was giving the guys in the dugout in the game that led to that winning the game. part of the problem is there's a big project giving the pep talk, part of the problem is we have folks in the democratic party that say we need to push the deadline back. but the
sebelius will testify wednesday and also wednesday, president obama takes obama care on the road to massachusetts, a state that's been running insurance exchanges for half a decade. mass is sets the precedent that many in healthcare.gov enrollment will spike the closer we get to the deadline. the irs says 330,000 americans are far enough into the process to find out how big of a subsidy they'll receive. a good indicator of how many people are signing up. but the site faced another glitch. data...
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the fed has worked for decades to suppress inflation but economists including janet yellen president obama's nominee to lead the fed starting next year have long argued that a little inflation is particularly valuable when the economy is weak rising prices help companies increase profits rising wages help borrowers repay debts and inflation also encourages people and businesses to borrow money and spend it more quickly well this is stupid because in other words the fed to quote the program of quantitative easing and there's been one two three and four in japan and in america in the u.k. the whole point of it the design of it the reason we have it is to increase inflation yes now this is been going on if you count japan for twenty years now and the new york times are saying you know what maybe we need to increase inflation they've been trying to increase inflation for twenty years the bank of england has increased our balance sheet by four hundred percent attempting to create inflation the federal reserve bank has printed truly and includes of dollars trying to create inflation. but they don'
the fed has worked for decades to suppress inflation but economists including janet yellen president obama's nominee to lead the fed starting next year have long argued that a little inflation is particularly valuable when the economy is weak rising prices help companies increase profits rising wages help borrowers repay debts and inflation also encourages people and businesses to borrow money and spend it more quickly well this is stupid because in other words the fed to quote the program of...
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Nov 3, 2013
11/13
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KPIX
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the problem is, will obama defend the plan? he seems to have disappeared all of a sudden. >> well, that for the website is for. go to the website and you can get a better deal. >> it to healthcare. it's not a rollout of something else. >> keep in mind, we have medicare, which rules the same way. with any degree of intelligence, one would have used that as the initial entry model. you would be using a program that already gives you the cover. my guess is that at some point you are going to get this dramatic speech from president obama and he's going to say exactly that. >> which is what? >> that we should've used the medicare model. it works. it is proven to be effective, and people believe in it, including republicans. >> final question. mid term elections. it looks like how is this going to affect them? did you honestly think the democrats are defending this program, or are they going to cut and run? >> i think any democrat who sees this program as a liability has already run it. >> it really is quite a mess. >> like i said, i
the problem is, will obama defend the plan? he seems to have disappeared all of a sudden. >> well, that for the website is for. go to the website and you can get a better deal. >> it to healthcare. it's not a rollout of something else. >> keep in mind, we have medicare, which rules the same way. with any degree of intelligence, one would have used that as the initial entry model. you would be using a program that already gives you the cover. my guess is that at some point you...
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the fed has worked for decades to suppress inflation but economists including janet yellen president obama's nominee to lead the fed starting next year have long argued that a little inflation is particularly valuable when the economy is weak rising prices help companies increase profits rising wages help borrowers repay debts and inflation also encourages people and businesses to borrow money and spend it more quickly well this is stupid because. in other words the fed to quote the program of quantitative easing and there's been one two three and four in japan and in america in the u.k. the whole point of it the design of it the reason we have it is to increase inflation yes now this is been going on if you count japan for twenty years now and the new york times are saying you know what maybe we need to increase inflation they've been trying to increase inflation for twenty years the bank of england has increased our balance sheet by four hundred percent attempting to create inflation the federal reserve bank has printed truly and includes of dollars trying to create inflation. what they do
the fed has worked for decades to suppress inflation but economists including janet yellen president obama's nominee to lead the fed starting next year have long argued that a little inflation is particularly valuable when the economy is weak rising prices help companies increase profits rising wages help borrowers repay debts and inflation also encourages people and businesses to borrow money and spend it more quickly well this is stupid because. in other words the fed to quote the program of...
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Oct 29, 2013
10/13
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CNNW
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obama's ambitions. what do you mean by that? >> i mean the -- the centerpiece of the liberal enterprise as portrayed by obama, he is a very ideologically ambitious president. and he sees himself as sort of the anti-ronald reagan. beginning a new kind of liberalism and adding, you know, the most important element of social democratic governance which is health care. and that has been his objective. this would be his legacy. if he can't get the thing to work, and it collapses, i think it will jeopardize liberal enterprise, expansion of the welfare state for a generation to come. what we heard today, the interview that you just had, with that lady in chicago, is even worse. it isn't just technical issues. it is the fact that the government, as we heard, mass decided if you have your insurance and you like it, the government will decide that it is junk. the government will decide you have no idea how to decide on your own what you ought to do. a kind of crushing paternalism which i think is quite shocking a
obama's ambitions. what do you mean by that? >> i mean the -- the centerpiece of the liberal enterprise as portrayed by obama, he is a very ideologically ambitious president. and he sees himself as sort of the anti-ronald reagan. beginning a new kind of liberalism and adding, you know, the most important element of social democratic governance which is health care. and that has been his objective. this would be his legacy. if he can't get the thing to work, and it collapses, i think it...
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Nov 3, 2013
11/13
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. >> grinches -- >>> glitches on the obama care website. one digs deep at the woman held responsible for the failure. we'll be right back. are ending soon at rain. we've challenged the manufacturers to offer even lower prices. now it's posturepedic versus beautyrest with big savings of up to $400 off. serta icomfort and tempur-pedic go head-to-head with three years' interest-free financing, plus free same-day delivery, setup, and removal of your old set. when brands compete, you save. mattress price wars ends soon at sleep train. ♪ your ticket to a better night's sleep ♪ she's got it all. including 25 em-puh-guh's highway. what? em-pe-juh, muhpuhguh? muh-puh-guh's? muh -- em-puh-guh's? em-pee-gee's? 25 em-pe-guh, em-puh-guh's. i'm saying it right, but it just doesn't sound familiar. hmm. ♪ obamacare website.... a tennessee state senator gotn his own jab in at the . >>> just 48 hours after cathleen sebelius office capitol hill defending the obama care website, a senator got in his own jab at her. she was at the library on friday and a
. >> grinches -- >>> glitches on the obama care website. one digs deep at the woman held responsible for the failure. we'll be right back. are ending soon at rain. we've challenged the manufacturers to offer even lower prices. now it's posturepedic versus beautyrest with big savings of up to $400 off. serta icomfort and tempur-pedic go head-to-head with three years' interest-free financing, plus free same-day delivery, setup, and removal of your old set. when brands compete, you...
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Nov 5, 2013
11/13
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CNBC
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the other reason why virginia really matters is, this is a state that has been a bellwether, 53% for obama last cycle, that perfectly matched the national lk tore rate, even if people are frustrated with aspects of obama care, the question here is can that help republicans win? if it doesn't help them win in a state as i mentioned has gone republican before and reflects the national electorate that may show the limits of only running against it. >> why is cuccinelli polling so much more weakly than mcdonald did for years ago? >> i think he's taken a harder right turn as we've seen many republicans. that works in house races. we know that. we're going to see a lot of house republicans get reelected no matter what. whether it works at a state level is going to be determined here and that goes i think to the point you raised earlier, does the tea party look like it's ascendent or running out of gas? if it's running out of gas at a minimum the markets will see that as a little more certainty and less hopefully less economic brinkmanship. >> we have to leave it there. virginia the ultimate purp
the other reason why virginia really matters is, this is a state that has been a bellwether, 53% for obama last cycle, that perfectly matched the national lk tore rate, even if people are frustrated with aspects of obama care, the question here is can that help republicans win? if it doesn't help them win in a state as i mentioned has gone republican before and reflects the national electorate that may show the limits of only running against it. >> why is cuccinelli polling so much more...
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Oct 29, 2013
10/13
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MSNBCW
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if they can get the entire administration of barack obama to resign. the affordable care act is law. and what we still haven't gotten to is acceptance of the fact of this act having passed, having passed scrutiny by the supreme court. it will exist no matter how many people they grill on their committees. >> okay. professor dyson, republicans are focused on the horror that people will be forced to get better care than they currently have. >> that's correct. >> and i would like you to take a listen to this. >> analysis has shown that if you're between 18 and 34 right now, about half of the people can get high-quality health care for less than 50 bucks a month. less than your cell phone bill, less than your cable bill. and about 70% can get it for less than 100 bucks a month. >> but here's the point, professor dyson. that's what the koch brothers are spending hundreds of millions of dollars on preventing young people from doing. preventing young people from taking it up. >> absolutely. as opposed to putting it in a fund, set aside for those who they clai
if they can get the entire administration of barack obama to resign. the affordable care act is law. and what we still haven't gotten to is acceptance of the fact of this act having passed, having passed scrutiny by the supreme court. it will exist no matter how many people they grill on their committees. >> okay. professor dyson, republicans are focused on the horror that people will be forced to get better care than they currently have. >> that's correct. >> and i would like...
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Nov 5, 2013
11/13
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CNBC
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>>> as the obama care rollout continues to fail, the question tonight is this. is president obama's entire second-term agenda and ability to govern now in jeopardy? as mitt romney now says, the entire foundation of the obama presidency is rotting away because of broken promises and fundamental dishonesty. >>> and here's the latest blow to the new law. a new study predicts as many as 129 million americans will be dropped by their current plans and be forced to buy much more expensive plans instead. the author of that study is going to join us live. >>> and we're just a few hours
>>> as the obama care rollout continues to fail, the question tonight is this. is president obama's entire second-term agenda and ability to govern now in jeopardy? as mitt romney now says, the entire foundation of the obama presidency is rotting away because of broken promises and fundamental dishonesty. >>> and here's the latest blow to the new law. a new study predicts as many as 129 million americans will be dropped by their current plans and be forced to buy much more...
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Oct 28, 2013
10/13
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CNBC
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tide of foreclosures, the commissioner of the federal housing administration, david stevens, says the obama administration has set aside billions to give banks the incentive to help struggling and underwater borrowers with their mortgages. but banks have been slow to modify the terms of those loans. >> the fact of the matter is, these programs are designed to affect those who are most at risk, who are unable to make their payments, and it does require the investor, the servicer, to participate. >> the decision to walk away from the sinking home by people who can afford to pay is spreading like a virus, because as one person on the street does it, the next-door neighbor says, "what am i doing? why am i putting all this money into this almost worthless house?" >> the concern has to be-- for someone who's gonna take that move--is that they have to be so deeply in negative equity that they're willing to damage their credit, damage their financial reputation going forward. if you get foreclosed on in your home--you walk away from your mortgage when you could have afforded it, particularly-- that
tide of foreclosures, the commissioner of the federal housing administration, david stevens, says the obama administration has set aside billions to give banks the incentive to help struggling and underwater borrowers with their mortgages. but banks have been slow to modify the terms of those loans. >> the fact of the matter is, these programs are designed to affect those who are most at risk, who are unable to make their payments, and it does require the investor, the servicer, to...
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Oct 29, 2013
10/13
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CNBC
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basically tweeting, fact, nothing in obama care forces people out of their health plans. fact, no change is required unless insurance companies change existing plans. so, what's your reaction, mark? tell us -- can you separate fact from fiction for us? >> sure. the only people who can keep their plan indefinitely are people who in the individual and small group market were in that market before march 23, 2010, and over that period, from march 2010 till now, did not change their plans. so, the fact is that the individual market turns over a third every year, so in three years, we probably turned over most of the individual market. and the fact is, because of the economy, small groups and individuals change their plans almost every year to make them more affordable and, therefore, not subject to grandfathering. >> is it disingenuous on valerie jarrett's part to say no change is necessary unless insurance companies change existing plans? did you have a choice or would you have a choice to make changes in plans? you had to phase out some plans because they didn't meet the min
basically tweeting, fact, nothing in obama care forces people out of their health plans. fact, no change is required unless insurance companies change existing plans. so, what's your reaction, mark? tell us -- can you separate fact from fiction for us? >> sure. the only people who can keep their plan indefinitely are people who in the individual and small group market were in that market before march 23, 2010, and over that period, from march 2010 till now, did not change their plans. so,...
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Oct 28, 2013
10/13
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two big problems for obama care and another big website problem and a new round of sticker shock. after this short break. . >>> welcome back to "power lunch." ten neco moving higher after reporting its third quarter adjusted profits and sales meet estimates. it's an auto parts maker in illinois, did have a $59 million restructuring expense in the quarter, shares at session highs. back to you. >> thank you very much. germany buzzing over the nasdaq scandal amid accusations the u.s. spy agency has been tapping in to angela merkel's phone since 2002. the front page of der speigel says it all. the nest pointing to the u.s. embassy in berlin. the nasdaq denying german reports that president obama was told about the tapping of miss merkel's phone three years ago. spain has called the u.s. ambassador in madrid to talk about charges the u.s. has been spying on spanish citizens. the big question that we're going to try to answer over the next few days is will this hurt u.s. businesses overseas? will there be a rift or a lack of trust if you will? we'll try to answer these questions in the
two big problems for obama care and another big website problem and a new round of sticker shock. after this short break. . >>> welcome back to "power lunch." ten neco moving higher after reporting its third quarter adjusted profits and sales meet estimates. it's an auto parts maker in illinois, did have a $59 million restructuring expense in the quarter, shares at session highs. back to you. >> thank you very much. germany buzzing over the nasdaq scandal amid...
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Oct 29, 2013
10/13
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CNBC
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could not keep their health insurance under boom obama care. quite the opposite of what president obama continued to promise. we're joined by lisa myers, nbc news senior investigative correspondent who broke the story. she joins me with the latest. what can you tell us? >> the white house today in the briefing seemed to elaborate on the president's initial promise and put in more qualifiers. basically what we found is in the individual market, the place where people buy their own insurance policies, it's only about 14 million americans. these are the folks who have been receiving all these cancellations notices. if you look back in the obama care regulations, it says in there they expect that 47% to 60% of the folks in that market will not be able to qualify for grandfathering, which means they wouldn't have been able to keep their plan if they wanted to. which as you know was a cornerstone of the president's ability to sell this policy. >> so, in other words, are you -- i mean, you can't -- i don't think you're saying that this was sort of, yo
could not keep their health insurance under boom obama care. quite the opposite of what president obama continued to promise. we're joined by lisa myers, nbc news senior investigative correspondent who broke the story. she joins me with the latest. what can you tell us? >> the white house today in the briefing seemed to elaborate on the president's initial promise and put in more qualifiers. basically what we found is in the individual market, the place where people buy their own...
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Nov 4, 2013
11/13
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CNBC
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obama care, it relies on young people to sign up to pay for the program but if they don't sign up, does that send up raising health care costs for everybody else? both sides of that very contentious issue. speaking of contentious issues google's executive chairman schmidt is slamming the nsa for reportedly spying on its data centers. we're going to hear from some that say he's being disingenuous and even hypocritical. maria and i look forward to seeing you at the top of the hour on "closing bell" after "street signs" after this. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help sharpen your instincts. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your trading. some
obama care, it relies on young people to sign up to pay for the program but if they don't sign up, does that send up raising health care costs for everybody else? both sides of that very contentious issue. speaking of contentious issues google's executive chairman schmidt is slamming the nsa for reportedly spying on its data centers. we're going to hear from some that say he's being disingenuous and even hypocritical. maria and i look forward to seeing you at the top of the hour on...
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Oct 29, 2013
10/13
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FBC
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president obama meeting with ceos at the white house. our twitter question, do you trust the same people who brought you the obamacare website to tighten up cyber security? tweet us. your responses coming up. tracy: is a rhetorical question, right? ashley: may be. tracy: apology for the problems with the obamacare website. we're live on capitol hill as congress grills the head of the agency responsible for the site but is saying i'm sorry enough? ashley: consumers putting the brakes on car sales. that is taking down the whole retail sector. we'll have an analyst what it means for the all-important holiday shopping season ahead. tracy: in our tech minute, the suck mark zuckerberg files. we have files for every word that the every word that the facebook ceo has spoken. that is little maniacal, right? that is ahead on "markets now." ashley: zuckerberg rocking. tracy: nicole petallides on floor of the exchange. nicole you have breaking news on jpmorgan, don't you? >> right. as the market has been hitting highs for the s&p 500 you have to say
president obama meeting with ceos at the white house. our twitter question, do you trust the same people who brought you the obamacare website to tighten up cyber security? tweet us. your responses coming up. tracy: is a rhetorical question, right? ashley: may be. tracy: apology for the problems with the obamacare website. we're live on capitol hill as congress grills the head of the agency responsible for the site but is saying i'm sorry enough? ashley: consumers putting the brakes on car...
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so is the obama administration ever going to get the program on its feet again? who knows? rich edson does. he is in washington, d.c. with the latest. hey, rich. >> hey, tracy. the administration says hang with us and we're trying to fix this. the daily briefing the administration does have on this has been pushed off. we're seeing what kind of daily updates they give us about the website and work they're doing. as you mentioned it is down this week and down daily from 1:00 a.m. to five a.m. on the east coast. there are questions whether or not the administration was being truthful when it came to telling people they could use paper applications or call on the phone if they were having trouble on the website. these are sentences that are obtained from notes taken at an administration briefing released by members of the house oversight and government reform committee. they found the administration saying we are to instruct navigators to use paper applications rather than go through the call center. they all acknowledge they all go through the same portal. paper applications
so is the obama administration ever going to get the program on its feet again? who knows? rich edson does. he is in washington, d.c. with the latest. hey, rich. >> hey, tracy. the administration says hang with us and we're trying to fix this. the daily briefing the administration does have on this has been pushed off. we're seeing what kind of daily updates they give us about the website and work they're doing. as you mentioned it is down this week and down daily from 1:00 a.m. to five...
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and rummy saying president obama's lack of honesty has put his second term in peril. edward snowden has this new manifesto that is out from russia, calls for reform in surveillance justify his leaks of classified information. we will see if he agrees with him on that. and the changing landscape of designer fashion. the top names in the country, here with us this hour to talk about that. all that and dagen mcdowell this hour on "markets now." all right. dagen: we're giving you a makeover. connell: that would be great. get him to work on that. dagen: we put you in like a camo jacket. the market slight losses here, we are also getting news on that settlement with the justice department, nicole petallides has you covered at the new york stock exchange. lauren: the dow down to the downside. the nasdaq and the s&p squeezing out some gains although very minimal. talking fractional news for the nasdaq and the s&p with the up arrow's up nearly two points as the s&p is up .34. a third of a point. very small moves despite the fact everybody still continues to believe you will no
and rummy saying president obama's lack of honesty has put his second term in peril. edward snowden has this new manifesto that is out from russia, calls for reform in surveillance justify his leaks of classified information. we will see if he agrees with him on that. and the changing landscape of designer fashion. the top names in the country, here with us this hour to talk about that. all that and dagen mcdowell this hour on "markets now." all right. dagen: we're giving you a...
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Oct 30, 2013
10/13
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CSPAN
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in 2009 president obama made a promise his administration had no intention of keeping. if you like your doctor, you will be able to keep your doctor, period. if you like your health plan, you'll be able to keep your health care plan, period. no one will take it away, no matter what, end quote. today's "washington post" bestows upon this moment of rhetorical splendor and others like it four by folk owes for the -- four pi folk yows -- pinocchios. it turns out the affordable care act is cutting health insurance plans. apparently the president's promise came with a large caveat. if you like your health care plan, you can keep your health care plan if we deem it to be adequate. for millions, washington has deemed their personal health care plans deficient and come january, they won't have access to the plans they had before. americans deserve better. i yield back. the speaker pro tempore: for what purpose does the gentlelady from arizona seek recognition? the gentlelady is recognized for one minute. >> thank you, mr. speaker. october is domestic violence awareness month. my
in 2009 president obama made a promise his administration had no intention of keeping. if you like your doctor, you will be able to keep your doctor, period. if you like your health plan, you'll be able to keep your health care plan, period. no one will take it away, no matter what, end quote. today's "washington post" bestows upon this moment of rhetorical splendor and others like it four by folk owes for the -- four pi folk yows -- pinocchios. it turns out the affordable care act is...
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Oct 29, 2013
10/13
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CNBC
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what does it mean for the white house and the future of obama care? we'll get more on that with white house insider and former head of the council of economic advisors laura tyson, who joins us in just a moment. americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way... with confidence. that's what ameriprise financial does. that's what they can do with you. ameriprise financial. more within reach. once wrote something on a sheet of paper and placed it in his factory for all to see. ♪ four simple words where the meaning has never been lost. the challenge always accepted. and the calling forever answered. ♪ introducing the all-new 2014 s-class. mercedes-benz. the best or nothing. [ male announcer ] staying warm and dry has never been our priority. our priority is, was and always will be serving you, the american people. so we improve
what does it mean for the white house and the future of obama care? we'll get more on that with white house insider and former head of the council of economic advisors laura tyson, who joins us in just a moment. americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way... with...
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Oct 31, 2013
10/13
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CNBC
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what they are talking about is obama care. secretary of health and human services taking responsibility yesterday when she was testifying on capitol hill. take a listen. >> who is in charge, madam secretary? >> the person now in charge, as an integrator, is qssi, one of our -- >> who was in charge as it was -- >> cms was in charge up until -- >> at that team, who is the individual -- >> michelle snyder is the -- >> michelle snyder is the one responsible for this debacle? >> well, excuse me, congresswoman, michelle snyder is not responsible for the debacle. hold me accountable for the debacle. i'm responsible. >> okay. >> our next guest is a former secretary of health and human services himself. joining us is tommy thompson, also a former governor of wisconsin, in madison, as i understand this morning. governor, good morning. >> good morning, kelly, and how are you? >> i am very good, sir, thank you for joining us. we know you're no fan of obama care, but certainly you can empathize with the position that sebelius finds herself
what they are talking about is obama care. secretary of health and human services taking responsibility yesterday when she was testifying on capitol hill. take a listen. >> who is in charge, madam secretary? >> the person now in charge, as an integrator, is qssi, one of our -- >> who was in charge as it was -- >> cms was in charge up until -- >> at that team, who is the individual -- >> michelle snyder is the -- >> michelle snyder is the one responsible...